Eastern Caribbean Currency Union : Financial System Stability Assessment, including Report on the Observance of Standards and Codes on Banking Supervision

Author/Editor:

International Monetary Fund

Publication Date:

September 14, 2004

Electronic Access:

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Summary:

This Financial System Stability Assessment on the Eastern Caribbean Currency Union (ECCU) reviews overall stability assessment. The fiscal position of the governments in the region has deteriorated sharply in recent years. A source of strength of the ECCU has been the large historical presence of strong foreign banks. However, the structure of the banking industry is changing with the entry of more aggressive regional banks, and the share of privately owned banks has increased. The limited activity of the organized ECCU securities markets reflects the small number of securities available for trading.

Series:

Country Report No. 04/293

Subject:

English

Publication Date:

September 14, 2004

ISBN/ISSN:

9781451811636/1934-7685

Stock No:

1ECCEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

38

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